Smart device prices are threatened to increase due to Trump's customs duties.
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After Trump's announcement of new tariffs, experts began analyzing the impact of these tariffs on consumers and markets, especially in the technology sector. According to "Android Headlines," "Widbush" company predicted a significant impact on the iPhone, with prices expected to rise from $1000 to $3500, potentially hindering artificial intelligence progress due to slowed consumption of smart devices. Trump's trade escalation has raised widespread concerns in the tech industry, imposing a 34% tariff on China, a major supplier for companies like Apple, Samsung, and Google. "Widbush" described the current situation as the "worst tech crisis in over 25 years." Forecasts indicate a 40% to 50% increase in smartphone manufacturing costs due to tariffs on China and Taiwan, pushing prices to unprecedented levels.